U.S. Jobless Claims Rise Slightly as Labor Market Remains Stable
The number of Americans filing new applications for unemployment benefits increased moderately last week, signaling continued stability in the U.S. labor market despite global economic concerns linked to the ongoing U.S.-Israel-Iran conflict. According to...
Trump to Launch ‘TrumpIRA.gov’ to Expand Retirement Access for Workers
U.S. President Donald Trump is set to sign an executive order on Thursday aimed at widening access to retirement savings plans for workers who lack employer-sponsored options. According to a White House official, the...
Bank of Canada Seen Holding Rates Steady Amid Temporary Oil Shock
The Bank of Canada is widely expected to keep its key interest rate unchanged at 2.25% when it announces its policy decision on April 29, as economists view the recent oil price spike triggered...
Trump Battles Economic Concerns Amid Nevada–Arizona Campaign Push
U.S. President Donald Trump is attempting to downplay growing economic concerns as he embarks on a campaign-style visit to the battleground states of Nevada and Arizona. The visit comes as rising fuel costs—driven in...
U.S. Jobless Claims Fall as Labor Market Holds Steady Amid Rising Global Risks
New applications for unemployment benefits in the United States declined last week, pointing to a stable labor market with relatively low layoffs through March. According to the Labor Department, initial claims dropped by 9,000...
U.S. Trade Deficit Widens to $57.3 Billion in February Despite Record Exports
The U.S. trade deficit widened by 4.9% to $57.3 billion in February, as a surge in imports outpaced strong export growth, according to data released by the Commerce Department’s Bureau of Economic Analysis and...
Trump Approval Rating Slumps Amid Iran War and Rising Fuel Prices
Donald Trump’s approval rating has dropped to its lowest level since returning to the White House, according to a Reuters/Ipsos poll. The four-day survey, completed Monday, shows just 36% of Americans approve of his...
Canada’s Inflation Slows to 1.8% in February Amid Base-Year Effects
Canada’s annual inflation rate eased to 1.8% in February, down from 2.3% in January, according to data released by Statistics Canada. The decline was largely driven by base-year effects, as prices had surged during...
Indian economy is strong, opines IMF
The International Monetary Fund opines that the Indian economy is strong and is growing consistently though it has suffered some downfalls in the recent past. The international organisation forecasts that the Indian economy would...